Latest Contributor Reports

Technical Analysis

Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

Typography

EUR/USD

Current level - 1.1192

Despite today's climb above 1.1180 resistance, the outlook here remains bearish, for a slide towards 1.1109 low, en route to 1.1020 major support area.

Profit-taking affects gold curbing silver and platinum
Resistance Support
intraday intraweek intraday intraweek
1.1230 1.1360 1.1108 1.1022
1.1300 1.1610 1.1020 1.0838

USD/JPY

Current level - 110.94

There is a risk of a second leg downwards, to 110.30, before another bounce towards 112.10 resistance area. 

Resistance Support
intraday intraweek intraday intraweek
111.40 112.10 110.30 109.08
112.10 114.30 109.10 108.12

GBP/USD

Current level - 1.2769

The outlook remains bearish below 1.2825 resistance area, for a slide towards 1.2610 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2830 1.2970 1.2685 1.2610
1.2880 1.3050 1.2610 1.2480

Author: DeltaStock Inc.Website: http://www.deltastock.com/
DeltaStock Inc.
These analyses are for information purposes only. They DO NOT post a BUY or SELL recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Delta Stock’s Analyst Dept. also takes into consideration a number of fundamental and macroeconomic factors, which we believe impact the price moves of the observed instruments. Delta Stock Inc. assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. Delta Stock Inc. shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without notice.
More from the author